Dealings in securities by a director of Netcare NETCARE LIMITED (“Netcare”) (Registration No. 1996/008242/06) Code: NTC ISIN: ZAE000011953 JSE Preference share code: NTCP ISIN: ZAE000081121 SENS – DEALINGS IN SECURITIES BY A DIRECTOR OF NETCARE In terms of paragraph 3.63 – 3.65 of the Listings Requirements of the JSE Limited (“JSE Listings Requirements”), the following transactions are hereby disclosed. The required prior clearance for these trades has been obtained. As a result of the recent decline in Netcare’s share price, Dr Richard Friedland (Dr Friedland) was obliged to effect the trades outlined below in order to balance the cost of acquisition and related finance charges arising from the purchase of his shares and the exercising of share options over several years, against the current value of the share. The board wishes to confirm that Dr Friedland remains absolutely committed to Netcare. Dr Friedland has confirmed his intention to remain in office as CEO to oversee the implementation of the revised strategy, a key component of which is digitisation, until at least the end of 2022. DIRECTOR RH FRIEDLAND COMPANY NETCARE LIMITED CLASS OF SECURITY ORDINARY SHARES NATURE OF TRANSACTION SALE OF SHARES (OPEN MARKET) DATE OF TRANSACTION 20 MAY 2019 NUMBER OF SHARES 1 347 514 HIGH PRICE PER SHARE R20.17 AVERAGE PRICE PER SHARE R20.0184 LOW PRICE PER SHARE R20.00 VALUE OF TRANSACTION R26 975 074.26 DATE OF TRANSACTION 21 MAY 2019 NUMBER OF SHARES 9 075 649 HIGH PRICE PER SHARE R20.03 AVERAGE PRICE PER SHARE R19.0857 LOW PRICE PER SHARE R19.00 VALUE OF TRANSACTION R173 215 114.12 NATURE OF INTEREST DIRECT & BENEFICIAL 22 MAY 2019 Sponsor Nedbank Corporate and Investment Banking Date: 22/05/2019 04:26:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.